On July 16, Aaron Lowe, senior vice president, regulatory and government affairs, Auto Care Association, testified before the Federal Trade Commission (FTC) during a public workshop on policies and research related to manufacturers limiting third-party repairs. During the workshop, which was entitled “Nixing the Fix: A Workshop on Repair Restrictions,” Lowe discussed the independent auto […]
Texas Auto Body Trade Show Features Body Shop Panel Discussion
The Auto Body Association of Texas (ABAT) announced that the 2019 Texas Auto Body Trade Show, set for September 20 and 21 at the Will Rogers Memorial Center in Fort Worth, will feature a Body Shop Panel Discussion as part of its slate of educational offerings this year. The Friday panel discussion will run from […]
Agenda Announced for September 16-18 CIECA Conference
CIECA announced that its annual symposium this year will include viewing a crash test at the Insurance Institute for Highway Safety (IIHS). CIECA’s 11th annual conference, CIECA Connex 2019, will take place in Charlottesville, Va. on September 16-18. Attendees will have the opportunity to hear information about blockchain, cybersecurity, legislation regarding autonomous vehicles, calibration, technical […]
BASF Opens Renovated Refinish Competence Center in Spain
BASF celebrated the official opening of its Refinish Competence Center at Marchamalo, Guadalajara, Spain. The training center is dedicated to teaching collision repair shop technicians, distributors and large automotive companies in Spain and Portugal about its premium brands Glasurit and R-M. In addition, it hosts numerous events intended to promote the training of young future […]
Lincoln Electric Completes Purchase of Turkish Welding Equipment Company
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced it has completed the purchase of the controlling stake of Kaynak Teknigi Sanayi ve Ticaret A.S. (Askaynak) to advance Lincoln Electric’s regional growth strategy in Europe, the Middle East and Africa . “We are pleased to welcome the Askaynak team into Lincoln Electric ,” stated Christopher L. Mapes, Chairman, […]
Wholesale Used Vehicle Prices Up Year over Year
While up compared to 2018, wholesale vehicle prices were below May levels. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, the 2019 spring/tax season used vehicle market came to an end appropriately in June, as average wholesale prices fell on a month-over-month basis, although they were up year-over-year. Solid retail used […]
Copart Opens New Location in Buffalo
Copart, Inc. (NASDAQ:CPRT) announced the opening of its new location in Buffalo, New York, the second largest city in the state. The Buffalo facility is the sixth in the state and will complement Copart’s Rochester location in providing capacity for operations in the western part of New York. “Expanding our business to Buffalo is another […]
Plymouth Rock to Acquire NJ Motorcycle Insurer
Plymouth Rock Assurance reached agreement today to expand its investment in the motorcycle insurance segment with the acquisition of Rider Insurance Company, subject to regulatory approvals. A New Jersey-based motorcycle insurance carrier with $21 million in annual premiums, Rider Insurance was founded by a motorcycle enthusiast and has been committed to protecting fellow riders for […]
Caliber Collects Over $900,000 in Donations or 5.4 Million Meals in Eight Weeks
More than 85 food banks across 37 states will be able to restock their shelves to ensure at-risk kids do not go hungry this summer thanks to Caliber Collision’s 2019 Rhythm Restoration Food Drive collecting over $900,000 in donations or 5.4 million meals from April through May. Caliber’s 20,000 teammates raised cash and food donations […]
Collision Repair Industry Production Up 4% in April Compared to 2018
Production was up in April versus 2018 but down slightly from the previous month in the U.S. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in April 2019 was up compared to April 2018 but declined versus March. Production […]
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